Senior Accountant, Financial Forecast

VisionPower Semiconductor Manufacturing Company (VSMC); Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

VisionPower Semiconductor Manufacturing Company (VSMC) in Singapore seeks an experienced FP&A professional to join our finance team. You will drive monthly closes, variance analysis, and strategic financial insights to support management decisions in a fab environment.

You will build forecasting models, contribute to long-term planning, budgeting, and reporting, and partner with several departments to understand business drivers and drive improvements across reporting and consolidation processes.

Qualifications

• Bachelor's degree in Accounting, Finance, or related discipline, or a recognized professional accounting qualification.
• Minimum 4 years of relevant experience in accounting, finance, FP&A, or a related role.
• Experience in fab/manufacturing is preferred.

Responsibilities

• Collate and review financial data, analyze variances, and provide insights for management decisions.
• Support long-term planning by analyzing demand, costs, and drivers to project profits.
• Develop and maintain forecasting models; coordinate annual budgeting process.
• Prepare monthly management reports, variance analyses, and dashboards for senior management.
• Identify and implement improvements in reporting, forecasting, budgeting, and consolidation processes.
• Collaborate with departments to gather information and provide financial analysis.
• Stay updated on government grants and coordinate grant-related financial information.
• Undertake other finance-related projects as assigned.

Skills

Financial accounting

Financial analysis

Budgeting

Forecasting

Project management

Analytical thinking

Problem-solving

Communication

Stakeholder management

Excel

Education

Bachelor's degree in Accounting/Finance or professional qualification

Tools

Excel

Oracle ERP

Job description

Key Responsibilities

• Monthly Financial Review: Collate, review, and update financial data; analyze actual results against forecasts and budgets; investigate and explain variances; and provide financial insights to support management decision-making, including month-on-month and quarter-on-quarter analysis.
• Long-Term Business Planning: Support the development of long-term business plans by analyzing demand, production costs, operating expenses, and other key business drivers to develop realistic profit projections and financial scenarios.
• Forecasting & Budgeting: Develop, maintain, and improve financial forecasting models across various business units and coordinate the annual budgeting process. Analyze historical data and trends to ensure all relevant costs and assumptions are appropriately captured.
• Financial Reporting: Prepare monthly management reports, variance analyses, dashboards, and other financial reports, and present key financial results and recommendations to senior management.
• Process Improvement: Identify and implement improvements in reporting, forecasting, budgeting, and consolidation processes, including automation and system optimization.
• Stakeholder Collaboration: Work closely with various departments and stakeholders to gather information, understand business requirements, and provide financial analysis, support, and guidance.
• Government Grants: Keep updated on relevant government policies, funding schemes, and grants. Coordinate with relevant departments and stakeholders on grant applications and prepare the required financial and forecast information.
• Ad-Hoc Support: Undertake other finance-related projects and duties as assigned by management.

Requirements

• Bachelor's degree in Accounting, Finance, or a related discipline, or a recognized professional accounting qualification.
• Minimum 4 years of relevant experience in accounting, finance, FP&A, or a related role. Experience in fab/manufacturing is preferred.
• Strong financial accounting, financial analysis, budgeting, forecasting, and project management skills.
• Strong analytical and problem-solving abilities, with the ability to interpret financial data and provide meaningful business insights.
• Good communication and stakeholder management skills, with the ability to collaborate effectively across different departments.
• Independent, proactive, detail-oriented, and hands-on with a positive attitude and strong sense of ownership.
• Proficient in written and spoken English.
• Proficient in Microsoft Office, particularly Excel.
• Knowledge of Oracle ERP and auditing experience would be an added advantage.